Business & Money | Friday 30 September, 2016 5:35 am

Nahdi gets into Guinness for serving pilgrims

The local firm Nahdi Medical Company has been doing its share in contributing to the Kingdom’s Vision 2030 plan by fulfilling its responsibility to society. For this and other humanitarian endeavors, it has been included in the Guinness of World Records, indubitably a signal honor in...

More Details

Business & Money | Friday 30 September, 2016 5:30 am

DAE announces closing of Joramco acquisition

Dubai Aerospace Enterprise (DAE) Ltd. announced today that it had closed the acquisition of 80% of Jordan Aircraft Maintenance Limited from The Abraaj Group. The agreement to purchase was previously announced on 20 September 2016.   Dubai Aerospace Enterprise (DAE) Ltd is a globally...

More Details

Business & Money | Friday 30 September, 2016 4:33 am

Luxury property brokerage Tamleek Real Estate Co. to recruit 240 by year end

Dubai-headquartered Tamleek Real Estate Co. has sold properties worth over 2 billion Dirhams in a short span of six months after recently winning exclusive partnerships with Al Habtoor City, Kempinski Residences Business Bay and Adagio by Al Manazil.   Business is booming and following...

More Details

Business & Money | Friday 30 September, 2016 1:31 am

STME Wins ‘SMB Client Security Implementation of the Year’ Award

STME, the Middle East’s leading IT solutions provider and systems integrator (SI), headquartered in Dubai, won the ‘SMB Client Security Implementation of the Year’ award at the recently concluded inaugural SMB Innovation Awards.   STME received its award for the...

More Details

Business & Money | Thursday 29 September, 2016 4:16 pm

Philanthropist awarded Special Recognition Award by CEO Middle East

Dr Ahmed Samerai, Founder of SAHARA and the Samerai Foundation, was recently presented with the Special Recognition Award at the CEO Middle East Awards 2016 for his philanthropic work around the world.    Held at a gala dinner with more than 400 business leaders in attendance at the ...

More Details

Business & Money | Thursday 29 September, 2016 4:08 pm

Energy stocks lead markets higher on OPEC surprise deal; Commodity currencies surged

Written by Hussein Sayed, Chief Market Strategist at FXTM When most traders thought an agreement to cut production was a mission impossible, OPEC surprised on Wednesday by announcing a preliminary deal to reduce output by about 700,000 barrels a day.    Battered finances of major ...

More Details

Business & Money | Thursday 29 September, 2016 3:58 pm

SUSTAINABLE LIGHTING TECHNIQUES DISCUSSED AT THE MIDDLE EAST SMART LIGHTING AND ENERGY SUMMIT 2016

H. E. Dr. Abdulla Mohammed Belhaif Al Nuaimi, Minister, Ministry of Infrastructure Development inaugurated the fifth edition of the Middle East Smart Lighting and Energy Summit on Monday, 26th September and also delivered the welcome address in the presence of other VIPs.  Eng. Sami Abdul...

More Details

Business & Money | Thursday 29 September, 2016 3:49 pm

2XL hosts an evening of etiquette and glamour with Chief Guest H.E Sheikha Dr. Hind Al Qassimi

2XL, a leading Emirati company specializing in luxury furniture and home décor, recently hosted an exclusive VIP event at their largest UAE showroom in Jumeirah. Her Excellency Sheikha Dr. Hind Al Qassimi, the Chairwoman of Business Professional Women (BPW) Emirates Club and BPW Middle East...

More Details

Business & Money | Thursday 29 September, 2016 1:21 pm

Kimberley Process Chair Steps up Momentum on Africa Initiative

Zimbabwe was the next stop on his extensive tour of African States, to give Africa a Voice, for which the Kimberley Process was originally intended. In Harare, the KP Chair met with the President H.E. Robert Mugabe, government ministers and senior mining officials.    On his third...

More Details

Business & Money | Thursday 29 September, 2016 1:18 pm

Majid Al Futtaim Shares Benefits of Sustainability Best Practices During World Green Building Week 2016

Majid Al Futtaim has received “Green Star” status for the third year in a row, by Global sustainability benchmarking scheme GRESB. Identifying leaders in the real estate sector, GRESB compared more than 700 key players of the industry against various sustainability indicators such as:...

More Details